AMC's Carmike Bid Extends Hollywood Influence of China's Richest Man, Wang Jianlin
Monday, March 7th, 2016
Movie theater chain AMC Entertainment's proposed $1.1-billion acquisition of Carmike Cinemas is the latest deal to significantly extend the Hollywood influence of China's richest man, Wang Jianlin.
The move would give the 61-year-old billionaire's conglomerate Dalian Wanda Group, which owns AMC, control over the biggest theater chain in the U.S., furthering Wang's ambition to be a power player in the global entertainment industry.
